First Financial Holding Co
First Financial Holding Co., Ltd., commonly referred to as First Financial, is a prominent financial services provider headquartered in Taipei, Taiwan (TW). Established in 2002, the company has rapidly evolved to become a key player in the financial industry, offering a diverse range of services across banking, insurance, and investment sectors. With a strong presence in Taiwan and significant operations in Asia, First Financial is renowned for its innovative financial solutions tailored to meet the needs of both individual and corporate clients. The company’s core offerings include retail banking, wealth management, and insurance products, distinguished by their customer-centric approach and advanced technology integration. First Financial has achieved notable milestones, including recognition for its robust financial performance and commitment to sustainable practices, solidifying its position as a trusted leader in the financial market.
DitchCarbon Score
How does First Financial Holding Co's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Financial Intermediation industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
First Financial Holding Co's score of 48 is higher than 96% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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First Financial Holding Co's reported carbon emissions
In 2023, First Financial Holding Co., based in Taiwan (TW), reported total carbon emissions of approximately 19,240,000 kg CO2e, comprising 2,809,000 kg CO2e from Scope 1, 16,431,000 kg CO2e from Scope 2, and 12,925,535,000 kg CO2e from Scope 3 emissions. This reflects a commitment to transparency in their emissions reporting, covering all relevant scopes. Over the years, First Financial Holding has demonstrated a proactive approach to reducing its carbon footprint. For instance, in 2022, the company reported total emissions of about 21,515,000 kg CO2e, indicating a slight reduction in emissions in 2023. The company has set ambitious long-term targets, committing to net-zero emissions across all scopes by 2050, with interim targets aligned with the Science Based Targets initiative (SBTi) to limit global warming to 1.5°C. First Financial Holding's portfolio targets cover 17% of its total investment and lending by total assets as of 2022, with required activities making up 18% of this total. The company is also committed to near-term targets, aiming for significant reductions by 2028. This strategic focus on sustainability positions First Financial Holding as a leader in the financial sector's response to climate change, reflecting its dedication to responsible investment and lending practices.
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| 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 1,464,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 17,687,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | - | 000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 00,000,000,000 | 00,000,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
First Financial Holding Co is participating in some of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
